About Spalon
Spalon is a company based in Chennai (India) founded in 1989 by Latha Chandra Mohan was acquired by JCB in July 2024. Spalon has raised $4.7 million across 1 funding round from investors including JCB and ASK Pravi. The company has 524 employees as of April 06, 2024. Spalon offers products and services including Salon Services and Training Programs.
- Headquarter Chennai, India
- Employees 524 as on 06 Apr, 2024
- Founders Latha Chandra Mohan
- Stage Minicorn
-
Sectors
Retail
-
Phone
Locked
-
Website
Locked
- Legal Name Spalon India Private Limited
- Date of Incorporation 31 Dec, 2008
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$9.44 M (USD)63.06as on Mar 31, 2023
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Net Profit
$1.51 M (USD)929.97as on Mar 31, 2023
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EBITDA
$2.39 M (USD)171.35as on Mar 31, 2023
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Total Equity Funding
$4.7 M (USD)
in 1 rounds
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Latest Funding Round
$4.7 M (USD), Private Equity Round
Dec 28, 2014
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Investors
JCB
& 1 more
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Employee Count
524
as on Apr 06, 2024
-
Acquired by
JCB
(Jul 17, 2024)
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Products & Services of Spalon
Spalon offers a comprehensive portfolio of products and services, including Salon Services and Training Programs.
Beauty treatments are provided to cater to individual needs, focusing on hair, wellness, and personalized care.
Comprehensive training in hairstyling and beauty techniques is offered through academies to develop professional skills.
Funding Insights of Spalon
Spalon has successfully raised a total of $4.7M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $4.7 million completed in December 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Spalon
Spalon has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include JCB and ASK Pravi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
PE firm investing in India
|
Locked | Locked | Locked | |
|
Earthmoving and construction equipment are manufactured by JCB worldwide.
|
Locked | Locked | Locked |
Investor details for Spalon
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Investments & Acquisitions by Spalon
Investment portfolio details for Spalon
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Financial Statements - Spalon
Detailed financials for Spalon
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Spalon Comparisons
Peer comparison for Spalon
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Competitors of Spalon
Detailed competitors of Spalon
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Latest news on Spalon
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Frequently Asked Questions about Spalon
Spalon was founded in 1989 and raised its 1st funding round 25 years after it was founded.
Spalon is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Spalon is a funded company, having raised a total of $4.7M across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at Spalon is 524.
Annual revenue of Spalon is $9.44M as on Mar 31, 2023.
Spalon was founded in 1989 in Chennai, India, focusing on the beauty and wellness sector. Multiple salon chains are managed, providing services such as hair care, grooming, and spa treatments. Operations are centered in urban areas of India, with the domain spalon.in used for online presence. The company is co-founded by Latha Chandra Mohan, whose details include DIN 02413310 and PAN AABPL3991Q.
Spalon offers Salon Services and Training Programs.
The valuation of Spalon is $13.93M as of Dec 2014.